lease

MAB Engineering to lease Hangar 4 at Subang Airport from IVP

PETALING JAYA: MAB Engineering Services, a wholly owned subsidiary of Malaysia Aviation Group (MAG), has signed a Letter of Offer and Acceptance (LOA) with Impeccable Vintage Properties (IVP), a wholly owned subsidiary of Khazanah Nasional Bhd, for the lease of the Hangar 4 airframe maintenance facility at Complex A, Sultan Abdul Aziz Shah Airport (Subang Airport). The signing of the LOA marks a...

AME REIT aiming for 100% lease renewal in FY2024

JOHOR BARU: Shariah-compliant industrial REIT AME Real Estate Investment Trust (AME REIT) is aiming for 100% renewal of the 12 leases expiring in the financial year ending March 31, 2024 (FY2024) to reinforce the REIT’s future earnings. Of the 12 leases, AME REIT has successfully renewed leases with five existing tenants, obtained one replacement tenant, and confirmed lease renewals with six existing...

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